The minimum registered capital requirement is 5mil RMB. It can be lowered in some cases for foreign invested companies to around 2mil RMB, pending approval.*Please note that registered capital does not mean paid up capital.

Shareholders and key management information

A shareholder can be either a natural person or a company

Legal representative (must be a chairman of the board OR general manager of the company, it can be a chairman and a general manager at the same time)

Main controller (must be another person than the CEO, which means at least 2 people are required to set up a company)

Documents about the investment company with apostilles (ID card, passport or company registration documents). Apostilles must be issued by a local Chinese lawyer.

Bank reference later confirming that the investment company's account has sufficient funds (at least 15% of the registered capital). The bank reference letter should include the following statement: "TO:深圳市前海管理局" (Shenzhen Qianhai Government/ Management Authority)

Due Diligence Documents such as IDs of all members of the management team, copies of their passports signed by the legal representative

Opening the bank account – original of the legal representative passport is required. In most cases, the legal representative does not have to be present at the bank meeting, but it cannot be guaranteed.

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